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Donald Trump's Record of Business Failures and Bluster
PJ Media ^ | 18 Feb 16 | J. Christian Adams

Posted on 02/18/2016 4:59:48 AM PST by elhombrelibre

Trump earns support from Americans who think he has a Midas touch and will use his business skills to fix the mess President Obama has created. But a closer look at Trump’s record reveals his success story is just that -- a story. How many of his supporters know about Trump University? Trump Air? Trump Vodka, Trump Steaks, Trump ties, or the United States Football League?

Trump's business history reveals someone skilled at making money at the expense of other Americans while his businesses fail, and a man who will say almost anything about these failures. And his legacy of business failures goes beyond the four bankruptcies of his Atlantic City casinos. It includes outsourcing jobs to China, ripping off students seeking an education, and leaving a path of devastated Americans in his wake.

Just ask Louis Piatt. He put his faith in Donald Trump before he concluded Trump University was a worthless scam. Trump University was an unaccredited program that was supposed to teach ordinary Americans how to hit the big time in real estate.

Professor Donald supposedly would offer personal lessons on how to make money. In a perverse way, Trump did. Trump University made money by fleecing regular Americans who saved and paid tens of thousands of dollars in tuition before it vanished. Trump University taught a harsh lesson in grifting.

(Excerpt) Read more at pjmedia.com ...


TOPICS: News/Current Events; Political Humor/Cartoons; Politics/Elections
KEYWORDS: 1800goldmansachs; cfr; cfrheidicruz; creepsforcruz; cruzintohillary; cruzliarssquad; establishmentbots; gohometed; loserforcruz; moronsforcruz; tednixoncruz
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"Trump University collapsed in a blizzard of lawsuits in 2010, and in 2013 the New York attorney general sued Trump University for $40 million for allegedly defrauding students."
1 posted on 02/18/2016 4:59:48 AM PST by elhombrelibre
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To: elhombrelibre

So Trump’s success is a hoax? He’s not actually a billionaire?

Wow. Mind blown. I’m only going to vote for him once now.


2 posted on 02/18/2016 5:01:22 AM PST by ConservativeWarrior (Fall down 7 times, stand up 8. - Japanese proverb)
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To: elhombrelibre
"When Ted Cruz stood up against the powerful ethanol lobby in Iowa, not only did Donald Trump refuse to do so, he actually led the charge on behalf of the ethanol interests. And how did Trump respond to his loss? He threatened to sue."

"Standing up to special interests requires actually doing something to stand up against special interests, not just talking about it. Standing up for American workers and families actually means doing something to open markets and promote regulatory reform, not just hypocritically talking about it while looking out for himself at the expense of others."

"Then there was Trump Air. The man who wants to be president managed to crash an airline focused on the lucrative Washington to New York shuttle market. Instead of offering a better product, Trump attempted to beat the competing Pan Am Shuttle by blustering that his competitor wasn’t safe. If that wasn’t enough, Trump wanted to overhaul his planes in style only Woody Allen’s Frenchy Fox-Winkler could appreciate. Trump wanted marble vanities in the lavatories and brass handles on the emergency exit handles."

3 posted on 02/18/2016 5:01:26 AM PST by elhombrelibre (Against Obama. Against Putin. Pro-freedom. Pro-US Constitution. Go Cruz.)
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To: elhombrelibre

Trump needs to learn how to think like a politician.


4 posted on 02/18/2016 5:05:45 AM PST by lilypad
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To: elhombrelibre

What has Obama accomplished? Obamacare? Is it a success?


5 posted on 02/18/2016 5:08:28 AM PST by Sooth2222 ("Every nation has the government it deserves." - Joseph de Maistre (1753-1821))
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To: elhombrelibre

Golly Gee Batman, some of Donald Trump’s business ventures didn’t pan out?!! What ever should we do? Who should we vote for now?


6 posted on 02/18/2016 5:09:09 AM PST by PJBankard (It is the spirit of the men who leads that gains the victory. - Gen. George Patton)
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To: elhombrelibre

Everybody gets knocked down. The measure of the man is whether he gets up again. Trump has gotten up, dusted himself off, and rejoined the game time and again.

He is “the man in the arena”, in the words of Theodore Roosevelt.


7 posted on 02/18/2016 5:10:21 AM PST by Piranha (Power is not only what you have but what the enemy thinks you have - Saul Alinsky)
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To: Piranha

Excellent post!


8 posted on 02/18/2016 5:14:51 AM PST by Chainmail (A simple rule of life: if you can be blamed, you're responsible.)
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To: elhombrelibre

And how is someone measured in the public sector?


9 posted on 02/18/2016 5:18:34 AM PST by GotMojo
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To: elhombrelibre

And Ted Cruz has not had ANY business failures!!! Not a single one!!! Of course Ted Cruz hasn’t had any business successes, either.


10 posted on 02/18/2016 5:18:42 AM PST by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
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To: elhombrelibre

The barrage of anti-Trump propaganda FUELED by the Chamber of Commerce, Club for Growth, and George Soros... To name a few.


11 posted on 02/18/2016 5:20:32 AM PST by freedomjusticeruleoflaw (Western Civilization- whisper the words, and it will disappear. So let us talk now about rebirth.)
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To: elhombrelibre

The barrage of anti-Trump propaganda FUELED by the Chamber of Commerce, Club for Growth, and George Soros... To name a few.


12 posted on 02/18/2016 5:20:55 AM PST by freedomjusticeruleoflaw (Western Civilization- whisper the words, and it will disappear. So let us talk now about rebirth.)
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To: elhombrelibre
Trump is not just a businessman, he's an entrepreneur.

Successful entrepreneurs keep trying even when some ideas don't pan out.

I've done a little venture capital in my career and I can tell you that most new ventures don't pan out. But the ones that do make enough money to compensate for the ones that don't.

You don't judge a venture capital fund by their investments that fail but by the overall return on investment.

13 posted on 02/18/2016 5:21:06 AM PST by RoosterRedux (When a man loves cats, I am his friend and comrade, without further introduction. - Mark Twain)
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To: elhombrelibre

You can’t reason with a “trumpet”. Just look at the responses here already.


14 posted on 02/18/2016 5:21:32 AM PST by Hiro Protaginast
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To: elhombrelibre

http://www.breitbart.com/california/2015/09/21/donald-trump-wins-legal-battle-in-university-case/


15 posted on 02/18/2016 5:23:05 AM PST by Sacajaweau
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To: PJBankard

i find it amusing, quite funny actually that people who lack the initiative to go into business, that lack the courage to take a risk, to worry about raising the money to build a business come out and snipe at Trump who has done all those things.

It is the height of sour grapes and envy

it is just plain ‘ol low class


16 posted on 02/18/2016 5:24:26 AM PST by bert ((K.E.; N.P.; GOPc;+12, 73, ....carson is the kinder gentler trump.)
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To: elhombrelibre
So glad the career DOJ lawyer J. Christian Adams is teaching us about the world of business.

Lesson One: Entrepreneurs NEVER FAIL.

Like that loser Henry Ford, who founded two automobile companies that failed, leaving investors $2.1 million in the hole. Thank God they never trusted him to try again.

Can't wait for Professor Adams' next lecture!

17 posted on 02/18/2016 5:29:19 AM PST by montag813 (NO MORE BUSHES (or Clintons) EVER...Put it in the Constitution.)
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To: PJBankard

Well, he is running on his business record and acumen. This is Trump’s record. Will you not even look at the troubling signs there?

Have you considered that maybe these business ventures didn’t pan out due to mismanagement? We are talking about someone wanting to be the chief executive of our nation here.

Or that the original investors who invested in the first place based their decision on misrepresentation? You know, making them believe something that was not true? Like he brags about doing in his book.

But of course he only does that to people he wants money from, not people he wants votes from.


18 posted on 02/18/2016 5:29:58 AM PST by 5thGenTexan
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To: elhombrelibre

Where is the Cruz Tower? In Canada?


19 posted on 02/18/2016 5:35:07 AM PST by McGruff (The end is near for Cruz 2016)
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To: Sooth2222
What has Obama accomplished?

Nothing!

Either as a State OR US Senator. Yet, he still got elected because the American electorate votes purely on feeeeeeeeeeeeeeeelings.

When I ask people "why did you vote for Obama? What has he ever done that makes him fit to be president?"

All I ever got was platitudes.....sad when you think of it.

20 posted on 02/18/2016 5:37:13 AM PST by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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